Stratis crossroads within rectangular pricemovementSix weeks ago Stratis broke a downward resistance line only to get caught in horizontal price movement. Current boundaries are around 0.001225 at the bottom and 0.0025 at the top. Still a very nice playingfield for traders! Currently Stratis price is at a resistanceline within this rectangular box (around 0.00166). A break of this intermediate line would see Stratis move up towards the upper horizontal line, otherwise the bottem of the rectangular box looms again!
Be aware there are buzzes of news coming out for Stratis in the near future.. this might be the reason behind the last 3 green candles.. No way of knowing how the possible news will play out: break or disappointment.. be careful!
Stratis
Strat long term Chart analysis -A nice rounded bottom chart seen as the cup and handle formation comes in for a possible bullish trend confirmed by the new uptrend formed by the second part of the handle.
-Volume seams to have significantly increased.
-MACD indicates a short correction and also an increase in momentum
-If the candles break bellow trend line it would be expected to bounce at the support 1 61.8 Fibonacci line which is also a strongly tested support level.
-Further correction would see the charts move towards the second support and possibly a massive swing up.
Note:
-check for mote information Fundamental and Sentimental analysis to support finding before proceeding.
Do comment your thoughts and questions, Thank you.
STRAT Straddling The Fibs CUP UP!The last Strat chart I posted I expected Strat to make a move, but it continued it's bottom feeding. Now it looks like we finally are primed for action! I drew a trend line from the top of the June high and overlayed a Gann fan and wouldn't you know it, MATH MAGIC! The Gann 3-1 line is exactly overlayed on the trend line. Adding Fib retracement you can see how it is currently playing along those, first with 38% as resistance and now 50% doing the same. I anticipate it will reach that anchor where the 3-1 Gann fan line, the Trend line and the Fib 61% line meet. A strategic meeting you may say. Strat is forming a cup on it's way back up, wouldn't that be some beautiful symmetry, but charts are seldom that neat so expect some fib play along the way. I've overlayed support/resisitance lines (blue dotted) along it's rise up that it will have to contend with as well. AO, RSI and MACD all seem to point to more upswing as well.
Stratis ready to ramp...The 16th largest coin by market cap is showing strong momentum and breaking above resistance. Buy at 160k sats, target, sell target 200k sats.
STRAT's goal is to be be the one-stop shop for all things blockchain, essentially a Blockchain As A Service (BAAS) platform. Recently, Microsoft noted them the highest level support.
time to wake upafter being relatively steady for a couple of weeks, STRAT is hitting the bottom support line and ready for a next wave. Stack your STRAT for the breakout.
StratisStratis will release a breeze wallet with tumblebit( the wallet they are currently working on) next week
Strat Bottom BurstThere's some resistance so we'll need a break above the upper trend angle. Decision time soon as it crosses gann fan 3-1. Stratis has been in a slow crawl at its bottom edges for sometime but let's see if it got legs.
STRAT about to break resistance It rises with the corn. That means it is a good project. Look for a triple to a X5 from here within time.
STRATBTC: 80% growthThis setup is similar to the recent Ripple run. Looking for an 80% run up with a 30% risk. What do you think?
Trade with care.
Strat/BTC - Go long if support dosent breakNOTE: Not a day trade but a trade for the next 6-12 weeks or even longer
Stratis hasent been performing that well in the past month but i believe things will change. I see this as the last week before we see a major move upward!! But be very careful because the .12 is the most crucial support point, breaking it can lead to a .095.
I'm suggesting going long on stratis anywhere from .125 to .135. Deeply oversold on a daily and weekly basis.
Stratis - are we going to see it rocket ?
RSI on BITTREX:STRATBTC is looking like it could hit a bullish run ! very oversold. Stratis is bottoming out and could see a run to the .5 Fib line ... lets wait and see
$STRATIS CONFIRMED TREND REVERSAL AFTER ACCUMULATION-- BUY NOW !Indicators suggest the accumulation period for stratis is over as we approach a bullish run. Good time to buy would be now.
($STRAT) Stratis - Bullish Divergance - Symmetrical TriangleWe can see Stratis forming a Symmetrical triangle, with an ascending support (green). We recently saw a Rising Wedge, but some would also consider this a Gartley Bullish Pattern. RSI is showing us a bullish divergence and we can almost see a consolidation in recent volume. Our Bollinger Bands also have compressed around the support, supporting the consolidation. Our EMA on the MACD has also headed upwards and is currently supporting the consolidation, so I think we can look for a bullish trend potentially starting. We should look for a confirmation around 0.00180000. We can use our Fibonacci for potential sell targets around the 61.8%, 100% or Long. We should set our stop loss at around the support level if thing's do go haywire. We should also be wary of Bitcoin Price movements.
Stratis 21.08.2017Buy low. Sell high.
I think we will see Stratis rising in the near future. You can trade in the blue box, but lets wait for tomorrow and see if the red candle comes back. it it goes in the green zone buy more.
Stratis refused to go lower :) Update to update of another udate...in previous idea about Stratis I expected that in few days hammer appear on chart and will create double bottom. I didn't happen but we have interesting situation here anyways. There is hammer and it hanging on the GAP which is good and also wick touched perfectly less use but very important Fibonacci level 14.58 or something close to it. All this values are in relation to each other by dividing or multiple it by 0.618 or 1.618, check it for yourself.
Idea about TP is the last highest high but I think It could go as high as possible.
I would also expect some issues around double top area